W. WING YIP (LONDON) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Smith Cooper Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The year has seen the continued decrease in the levels of inflation and interest rates have reduced but not as quickly as had been anticipated by financial markets.”
• “Energy costs have, once again, remained reasonably consistent despite the conflict in Ukraine continuing into its fourth year and the conflict continuing in the Middle East.”
• “Once again, vessels are being forced to take the long route round Southern Africa rather than use the Suez Canal.”
• “Political uncertainty continues to be an area of concern. This year has seen a change in the UK Government followed by an Autumn budget, the effects of which are broadly yet to be seen.”
• “Donald Trump has returned to The White House and announced plans to impose tariffs on US imports of products from certain countries.”
• “The construction of a new cold store facility commenced at the Birmingham site which is due to be completed in December 2025.”
• “The Group has also entered into a joint venture project with an oriental vegan food producer to sell and distribute it's products online.”
• “The Group completed the project to install photovoltaic panels on the roof of the store in Birmingham in January 2024.”
• “The Group's support office in Birmingham underwent several energy efficient actions, including the installation of LED lights with motion sensors, centrally controlled AC units, double glazing, and automatic water taps.”
• “Within the Birmingham Distribution Centre, freezers were rebuilt, thus, improving/increasing insulation.”
• “In January 2025 the Company entered into a lease with its ultimate parent company WWY (Holdings) Limited, for its store in Cricklewood, London for a period of 10 years from 30 September 2024 commencing at an annual rent of £896,500 exclusive of VAT.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

1

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -5.4%

  £85,964,000 → £81,322,000

• Cash

  -69.7%

  £5,959,000 → £1,807,000

• Net assets

  +12.9%

  £44,976,000 → £50,769,000

• Employees

  +4.3%

  138 → 144

• Operating profit

  -36.8%

  £6,093,000 → £3,850,000

• Profit before tax

  -17.8%

  £6,359,000 → £5,228,000

• Wages

  +6.7%

  £3,285,000 → £3,506,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers